For What Truly Counts


Company Sale

Proventis Partners acts as exclusive M&A advisor to the owner of Schwede Group on the sale to Signode Industrial Group LLC

Hamburg, 24. August 2017

Proventis Partners advised the owner of Schwede Group (SMB and SMP), a global market leader for strapping machines in the graphics industry and a technology leader in narrow plastic strapping, on the sale to Signode Industrial Group LLC.

The Transaction

Signode Industrial Group, through its subsidiary SPG Germany Service Management GmbH, announced the acquisition of all shares of SMB Schwede Maschinenbau GmbH and SMP Schwede Maschinenbau Weischlitz GmbH (Schwede Group), headquartered in Goldkronach near Bayreuth, Germany. Schwede Group, with its brand SMB, is a global market leader for strapping machines in the graphics industry and a technology leader in narrow plastic strapping.

Roland Schwede, principal owner of Schwede Group, is pleased with this new relationship, stating: “It was important to me to approach the issue of my succession proactively and not out of need, in order to not only find new management but a new shareholder who will accompany Schwede Group into the future competently and with an eye on the market. | have found this shareholder with the Signode Industrial Group”.

Mark Burgess, the CEO of Signode Industrial Group expressed the importance of this transaction: “The acquisition is an important component of Signode Industrial Group’s global growth strategy building on our market leading technology platform. As a specialist for narrow band strapping in the high-end sector, SMB fills a gap in our overall product range. With SMB, Signode Industrial Group is pursuing the goal of further expanding and growing the strapping sector and expanding beyond our traditional industry segments.”

The Role of Proventis Partners

Proventis Partners acted as exclusive M&A advisor to Mr. Roland Schwede on the successful sale of Schwede Group. From the identification of the most suitable partners until the final negotiations and closing of the transaction, Proventis Partners accompanied Mr. Schwede during the entire sales process to establish a new strategic shareholder capable of leveraging the high-end products on a global scale.

Proventis Partners worked in close cooperation with the law firm Anton – Heinekamp – Teufel in Bayreuth as legal advisor of Roland Schwede.

About Schwede Group

Schwede was founded in 1987. It is based in Goldkronach (under the brand name SMB), with parts manufacturing in Weischlitz (under the brand name SMP). Roland Schwede and his management team has established the company as a global market leader for strapping machines in the graphics industry and a technology leader in narrow plastic strapping.

About Signode Industrial Group

Signode Industrial Group is a leading global designer and manufacturer of systems used to contain, unitize, and protect goods during manufacturing, transport, and warehousing. The company’s products include strap, stretch, and protective packaging equipment, tools and consumables which are sold around the world under a broad array of well-known brand names, including Signode, Strapex, Orgapack, Fleetwood, Mima, Angleboard, Haloila, Muller, Multi-Wall and Shippers. Signode Industrial Group, a portfolio company of The Carlyle Group, is a multibillion dollar company headquartered in Glenview, Illinois and employs about 7,000 people across six continents.

About Proventis Partners

Proventis Partners is a partner-managed mid-market M&A-advisory boutique, whose main clients comprises corporations, family businesses and private equity funds. Proventis Partners is active in the sectors distribution & logistics, consumer goods & food, media & technology, packaging, construction as well as cleantech & natural resources and has besides the three offices in Hamburg, Munich and Zurich, a qualified partner network in Europe, Asia and the United States. Proventis Partners has completed with its team of 30 professionals over 200 transactions with a total transaction volume of more than EUR 4 bn.